TLDR:

• Aggregated liquidation data shows rising long and short exposure across major crypto assets.
• Bitcoin’s move to $60K triggered a new phase of positioning in derivatives markets.
• Traders expect consolidation for up to 30 days before a clear trend emerges.
• Expanding liquidation clusters increase the chance of a sharp price swing.

Recent liquidation data across major cryptocurrencies shows mounting pressure in derivatives markets. Aggregated levels for Bitcoin, Ether, BNB, and Dogecoin point to growing long and short exposure. Market participants now watch for a decisive move after Bitcoin’s return to $60,000.

Liquidation Levels Expand Across Major Crypto Assets

Crypto analyst Joao Wedson shared aggregated liquidation levels for Bitcoin, Ethereum, BNB, and Dogecoin over the past seven days. The data shows consistent growth in both long and short positions across these assets.

According to Wedson’s tweet, traders continue building exposure on both sides of the market. As leverage accumulates, liquidation clusters expand above and below current price levels. This structure often sets the stage for sharp price swings once liquidity is triggered.

He noted that the current setup increases the probability of a strong move in the coming days. When long and short positions rise together, the market often seeks liquidity in one direction. As a result, volatility tends to increase after periods of compression.

However, the data does not confirm the direction of the next breakout. Instead, it shows a market preparing for expansion. Traders remain positioned for both downside continuation and recovery.

30-Day Consolidation Expected Before Clear Direction

Wedson also stated that the market may require around 30 days of consolidation after Bitcoin reached $60,000. This cooling period could allow excessive leverage to reset. Until then, price action may remain range-bound.

Many traders continue to expect further capitulation. Others anticipate a steady recovery from recent lows. Even so, Wedson suggested that neither scenario is likely to fully develop without extended consolidation.

The return of Bitcoin to the $60,000 level marked a psychological shift. Yet sustained direction often follows structural balance. Therefore, time may be required before momentum builds decisively.

As positions accumulate, liquidation levels act as reference zones for traders. A breakout above or below these clusters could trigger cascading liquidations. That sequence may define the next major move.

For now, derivatives data reflects tension rather than clarity. Both bullish and bearish participants remain active. Consequently, the market appears positioned for volatility, though timing remains uncertain.